Bitcoin mining to boost UK’s renewable energy grid
A UK-based Bitcoin organization is advocating to the new Labour government to implement a Bitcoin mining-based strategy to combat a growing problem of local electricity demand.
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Marathon Digital enters renewable energy partnership with Kenyan gov’t
Marathon Digital, one of the world’s leading Bitcoin mining operations, announced a collaboration to overhaul Kenya’s renewable energy sector.
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Worldcoin unveils new Layer-2 network 'World Chain'
World, formerly Worldcoin, says its World Chain will privilege verified human users over bots by giving them priority access to block space and an allowance of free gas.
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Will the Fed stop rate hikes? 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week in an unmistakably bullish position as it passes $28,000.Crypto markets continue to climb on the back of the banking crisis, which still rages in the United States and abroad — where will they go next?After a week of chaos for macro markets and solid gains as a result, Bitcoin…
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DeFi transforming lending routes on the blockchain
The world of decentralized finance (DeFi) is gradually expanding to encompass a significant share of the global financial lending space by virtue of the inherently trustless manner of operation and the ease of accessing capital. As the crypto ecosystem has grown to a $2-trillion industry by market capitalization, new products and offerings have emerged thanks…
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The Modern Great Game — Facebook’s Libra Project
Since Facebook’s digital currency project, Libra, was announced in June, there has been a growing chorus of central bankers and policy makers pushing back against its ambitions. Germany’s Vice Chancellor Olaf Scholz and France’s Finance Minister Bruno Le Maire have both, separately, made it clear that they are not impressed with Libra and that the…
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Solved! Mystery owner of the huge Axie Infinity SLP wallet is revealed
After first raising concerns about the wallet, Michael Benko noted he was pleased to finally get an official answer about the mysterious whale wallet. 665 Total views 7 Total shares After much speculation, the wallet hodling more than 22 billion of Axie Infinity’s total supply of in-game token Smooth Love Potion (SLP) has been identified…
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Ethereum’s popularity ‘a double-edged sword’ — a16z’s State of Crypto Report
Crypto venture fund giant Andreessen Horowitz (a16z) has highlighted that development and demand on Ethereum is “unmatched” despite the network’s high transaction fees.The firm does warn, however, that its “popularity is also a double-edged sword” given Ethereum prioritizes decentralization over scaling, resulting in competing blockchains stealing market share with “promises of better performance and lower…
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Former Google China boss doubles down: AI to take 50% of jobs by 2027
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